Educational Development Corp: Form 10-Q for the period ended Aug 31, 2023
Filed with the SEC on Oct 16, 2023 and accepted by EDGAR at Oct 16, 2023, 20:04 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-08-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-06-01 to 2023-08-31 | $10.6m | us-gaap:Revenues |
| Revenue | 6 months2023-03-01 to 2023-08-31 | $25.1m | us-gaap:Revenues |
| Cost of revenue | 3 months2023-06-01 to 2023-08-31 | $3.7m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2023-03-01 to 2023-08-31 | $8.8m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-06-01 to 2023-08-31 | $6.9m | us-gaap:GrossProfit |
| Gross profit | 6 months2023-03-01 to 2023-08-31 | $16.3m | us-gaap:GrossProfit |
| Selling, general and administrative | 3 months2023-06-01 to 2023-08-31 | $1.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2023-03-01 to 2023-08-31 | $4.3m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Interest expense | 3 months2023-06-01 to 2023-08-31 | $743.3k | us-gaap:InterestExpense |
| Interest expense | 6 months2023-03-01 to 2023-08-31 | $1.5m | us-gaap:InterestExpense |
| Income tax | 3 months2023-06-01 to 2023-08-31 | $391.2k | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2023-03-01 to 2023-08-31 | $63.4k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-06-01 to 2023-08-31 | $1.1m | us-gaap:NetIncomeLoss |
| Net income | 6 months2023-03-01 to 2023-08-31 | $188.9k | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-06-01 to 2023-08-31 | $0.13 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2023-03-01 to 2023-08-31 | $0.02 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-06-01 to 2023-08-31 | $0.13 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2023-03-01 to 2023-08-31 | $0.02 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-06-01 to 2023-08-31 | 8,269,771 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2023-03-01 to 2023-08-31 | 8,283,221 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2023-03-01 to 2023-08-31 | $4.7m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2023-03-01 to 2023-08-31 | $546.2k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 6 months2023-03-01 to 2023-08-31 | $0 | us-gaap:PaymentsOfDividends |
| Share repurchases | 6 months2023-03-01 to 2023-08-31 | $563.9k | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2023-08-31 | $1.5m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-08-31 | $59.9m | us-gaap:AssetsCurrent |
| Total assets | At period end2023-08-31 | $99.0m | us-gaap:Assets |
| Current liabilities | At period end2023-08-31 | $21.2m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2023-08-31 | $53.9m | us-gaap:Liabilities |
| Long-term debt | At period end2023-08-31 | $32.2m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2023-08-31 | $1.8m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2023-08-31 | $45.1m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001185185-23-001068. Last ingested by Listed: Oct 24, 2026, 14:52 ET. Listed shows no prices and gives no investment advice.